Specialist - Finance & Accounting

Location: Pune - Business Bay

Company

Marsh

Description

We are seeking a talented individual to join our Account Payables teampart of our risk, reinsurance, and capital business at Marsh. This role will be based in Pune – Business Bay. This is a hybrid role that has a requirement of working at least three days a week in the office.

Specialist – Finance & Accounting (Grade C1)

Marsh is hiring a Specialist in Finance & Accounting to support payments process, reconciliations, and exception resolutions. This role requires strong knowledge of accounting, diligence, and experience managing high-volume cash transactions in an insurance or financial operations environment. Manage end-to-end cash applications for high-volume and complex accounts, ensuring accurate posting and timely resolution of exceptions. Support reconciliations, reporting, month-end activities, and compliance with SOX and audit requirements. Guide junior team members, manage escalations, and contribute to process improvements, automation, and smooth team operations.

We will count on you to

• Review the payment requisition report and highlight entries which need Accounting Ops Manager to review manually.
• Ensure appropriate Business approvals & supporting information have been attached in case of sanction check scenario
• Review urgent payment request and corresponding details.
• Conduct additional checks for third party payment requests and take appropriate actions as per Controllership / Compliance guidelines.
• Review details and ensure appropriate approvals / information has been shared for payments being made before settlement due date or are being offset against due payable or will result in Marsh funding.
• Send payment request for authorization once all required information has been obtained and relevant checks have been completed for requests which required manual review.
• Receive payment confirmation details including transaction reference details and store report in DMS.
• Send settlement advice details to the trading partner and store copy in DMS.
• Perform checks to ensure the statement is unique (has not been processed previously) and identify entries to be excluded from the report for processing with reasons.
• Review entries excluded for processing and take appropriate actions to resolve exception (For e.g. requesting Treasury to liaise with Banking partners if required).
• Reconciliation of statement of account with ledger balance and resolve discrepancy if any by contacting the relevant parties.

What you need to have

• Any relevant Accounting degree
• 4 - 5 years of experience in accounting
• Prior experience in working in similar roles
• Excellent verbal and written communication skills.
• Strong attention to detail.
• Ability to show initiative and contribute to a continuous improvement environment.
• Proficiency in MS Office, including advanced Excel and PowerPoint.
• Active team player with the ability to work across geographies.
• Openness to new challenges and willingness to undertake additional responsibilities.

What makes you stand out

• Positive attitude and ability to adapt to an ever-changing environment.
• Aptitude for systems and technology.
• Working knowledge of Microsoft Excel, including filters, sorting, lookups, pivot tables and basic data validation.
• Ability to multi-task, work under pressure, and meet tight deadlines.
• Ability to work independently and collaboratively with a team.

Strong ability to prioritize time effectively.

• Prior working experience in Insurance Sector.
• Prior experience in Accounts Payable.

Why join our team

We help you do your best through professional development opportunities, interesting work, and supportive leaders.

We foster a vibrant and inclusive culture where you can collaborate with talented colleagues to create innovative solutions and have impact on colleagues, clients, and communities.

Our scale enables us to provide a range of career opportunities, as well as benefits and rewards to enhance your well-being.

Marsh (NYSE: MRSH) is a global leader in risk, reinsurance and capital, people and investments, and management consulting, advising clients in 130 countries. With annual revenue of over $27 billion and more than 95,000 colleagues, Marsh helps build the confidence to thrive through the power of perspective. For more information, visit marsh.com, or follow us on LinkedIn and X.

Marsh is committed to embracing a diverse, inclusive and flexible work environment. We aim to attract and retain the best people and embrace diversity of age, background, caste, disability, ethnic origin, family duties, gender orientation or expression, gender reassignment, marital status, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex/gender, sexual orientation or expression, skin color, or any other characteristic protected by applicable law.

Marsh is committed to hybrid work, which includes the flexibility of working remotely and the collaboration, connections and professional development benefits of working together in the office. All Marsh colleagues are expected to be in their local office or working onsite with clients at least three days per week. Office-based teams will identify at least one “anchor day” per week on which their full team will be together in person.